About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Lots of HPC comments starting to filter through into the MSM.. come and join the party!

HAHA LOVE THIS POST............

Gold Bug

Today 04:43 PM

Yes absolutely. Must get the under 30's into debt slavery at the earliest opportunity. Never mind that houses are still 30 to 50% over valued, interest rates might well go into orbit, prices could crash anytime, pensions are invested in a grossly over priced stock market or government bonds which have all the security of an unarmoured Land Rover driving past an IED. After all financial advisors have no vested interest in selling mortgages or propping up the property and pension market, have they? Personally I'd go for precious metals, productive farmland and a second passport from Chile.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 19 February 2012 - 06:36 PM

All those real estate *****ers at the end of the article who are spreading the ******** on twitter

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

There are some good negative comments about relying on the bank of mum and dad ,when they are going to need every penny as incomes and pensions are squeezed . My parents always told me if you cant afford it yourself you cant buy it. My grandfather always said never buy anything until you can afford it twice!!

Anna, who earns £20,000 as a help desk administrator...struggles to save much because she spends around £900 each month on living costs.

To date, Anna has saved £2,500, which is deposited in a Santander e-saver Isa, and last year the couple bought a couple of ounces of gold. They also have around £2,000 worth of Tesco shares through John's employee share save scheme....

....

Anna said they hoped to save £30,000 for a deposit on a £200,000, two-bedroom house and were prepared to look further afield to suit their budget.

But they shouldn't be. In any other recent generation a couple both earning around the national average salary would be able to buy a reasonable house.

If you live in somewhere like Cambridge, for example, your living costs (rent+council tax+utilities+transport+food) will come to around £1200 a month for a couple (or about £1000 for an individual)

no they shouldn't, I agree, but even now on their incomes at this time in history they should not be either

they appear to have gone into shares when they were high, gold when it was high, and want to buy a house as soon as possible whislt prices are still high

in reality they are tactically avoiding opportunities and heading deliberately for the biggest pitfalls available

I think most people do this, so despite a lifetime of earning they end up with nothing

the boomers generation, outside the public sector, have very little as far as I can tell besides housing wealth, which they are holding onto and will lose as prices subside, for example, it is the way of things